hahaha, that scorn hurts so much. Luckily I am from overseas, so I can hold back the tears. That aside it is, despite its idiosynchracies and anachronisms, my favourite city for living in the world.
Your disdain for Perth (and hence, I assume, the relevance of its property market) is amusing. Does it not have all the factors that should result in ever rising prices, for example:
- capital city with most direct exposure to mining boom - presumably above its fair share intake of skilled migrants (as a Canadian tailings engineer who is often in meetings where almost all participants are recent UK/Safa/etc migrants, I can suggest this is true) - risk of a massive shortage of new home construction, owing to the loss of tradies to the mines
Yet despite all that, property has been flat here overall since 2007. Instructive?
